Home Sectors Energy Present Trend: Hornbeck Offshore Services (NYSE: HOS)

Present Trend: Hornbeck Offshore Services (NYSE: HOS)

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Hornbeck Offshore Services trades as part of the oil and gas services industry and energy sector. The company CEO is Todd M. Hornbeck. Hornbeck Offshore Services Inc owns and operates Offshore Support Vessels and Multi-Purpose Supply Vessels. These vessels support deep-well, deepwater and ultra-deepwater activities of the offshore oil and gas industry.

Previous Intraday Trading Performance:

The HOS stock showed a previous change of 2.33% with an open at 1.35 and a close of 1.32. It reached an intraday high of 1.43 and a low of 1.28.

SeekingAlpha:  Hornbeck Offshore Provides Reasons For Cautious Optimism

Liquidity:

The stock has a market cap of $50.0m with 37.9m shares outstanding, of which the float is 34.4m shares. Trading volume reached 174,986 shares compared to its average volume of 119,725 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Hornbeck Offshore Services shares returned -7.04% and in the past 30 trading days it returned -2.94%. Over three months, it changed -8.97%. In one year it has changed -59.63% and within that year its 52-week high was 6.14 and its 52-week low was 1.02. HOS stock is 29.41% above its 52 Week Low.

Our calculations show a 200 day moving average of 2.50 and a 50 day moving average of 1.38. Currently HOS stock is trading -47.27% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  Hornbeck Offshore Services, Inc. (HOS) CEO Todd Hornbeck on Q1 2019 Results – Earnings Call Transcript

Earnings:

The last annual fiscal EPS for the company was reported at -3.19 that ended on 31st of December 2018. Based on 1 analyst estimate, the estimated EPS for the next quarter is -0.88. The TTM EPS is -3.28.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/01/2019): -0.97
4thQtr of 2018 (Reported on 02/13/2019): -0.64
3rdQtr of 2018 (Reported on 10/31/2018): -0.83
2ndQtr of 2018 (Reported on 08/01/2018): -0.67
1stQtr of 2018 (Reported on 05/02/2018): -1.04

Indicators to Watch:

Based on the latest filings, there is 68.80% of institutional ownership. Short-interest was 3,150,889, which was 8.32% of shares outstanding. The short-interest ratio or days-to-cover ratio was 25.46. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 2.09.

SeekingAlpha:  Hornbeck Offshore Services, Inc. (HOS) CEO Todd Hornbeck on Q1 2019 Results – Earnings Call Transcript

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is -9.20%, return on assets is -4.50%, profit margin is -59.79%, price-to-sales is 0.25 and price-to-book is 0.04.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 0  :Past Performance Score
 1  :Financial Strength Score
 2  :Future Growth Score
 0  :Dividend Score
 1  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.